Iperionx Ltd. · ASX:IPX
Iperionx — Investor Presentation (November 2026)
14 slides from Iperionx's investor presentation, Nov 3, 2026
Slide 1: Investor Webinar: A breakthrough in titanium production, made in America
rsonal use only Investor Webinar A breakthrough in titanium production, made in America November 2026 IperionX Limited NASDAQ and ASX: IPX
Slide 2: Disclaimers
Disclaimers Forward Looking Statements Information included in this release constitutes forward - looking statements. Often, but not always, forward looking statements c an generally be identified by the use of forward looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “ant
Slide 3: Capacity built, products delivering
Capacity built, products delivering 19 t inventory >200 tpa 4 products rsonal use only finished powder inventory HAMR furnace validated delivering to U.S. defense 19 t titanium powder in 1.6 t in 63 hours of back - to- Army fasteners x2, ballistic existing inventory back runs, above nameplate plate,
Slide 4: Six years from idea to production
Six years from idea to production DEVELOPMENT · 2020 – 2023 CONSTRUCTION · 2024 – 2025 PRODUCTION · 2026 rsonal use only 2020 –2021 2022 2023 2024 2025 2026 • Company founded • Nasdaq listing • Won U.S. Air Force • HAMR and HSPT • Virginia campus • Furnace validated Titanium Recycling technologies b
Slide 5: The U.S. cannot make its own titanium
The U.S. cannot make its own titanium Titanium is in every fighter jet, missile, naval vessel and armored vehicle. The United States stopped making primary titanium in 2020, and the incumbent supply chain is now sold out. rsonal use only 0 ~80% ~20 months U.S. titanium sponge capacity controlled by
Slide 6: HAMR and HSPT provide a step change in titanium manufacturing efficiency
IperionX’s HAMR and HSPT technologies provide a step change in the overall efficiency of titanium manufacturing Incumbent industry case study – production of a 0.50” hex head bolt (highly simplified 1) HAMR and HSPT significantly improve the rsonal use only efficiency and cost of the supply chain 10
Slide 7: Proven technology operating at commercial scale
Proven technology operating at commercial scale HAMR + HSPT is commercially proven for primary titanium at the Titanium Manufacturing Campus in Halifax County, Virginia rsonal use only HAMR furnace validated: 1.6 t in 63 h (>200 >200 tpa tpa). Full system rating by year - end Aerospace - grade quali
Slide 8: Sales process: parts, then powder, then mill products
Sales process: parts, then powder, then mill products One platform, three product families. Parts first: fastest to qualify, highest value per kilogram rsonal use only Engineered products · now Titanium powders · test prints Mill products · qualifying Fasteners, track pins, impellers, brackets, Sphe
Slide 9: The platform is built
The platform is built Most of the Phase 1 capital is now sunk; each additional ton of product spreads it further rsonal use only PHASE 1 COMPLETE RAMP IS UNDERWAY SCAL ING IS NEXT A complete platform in place Spend shift ing from Fixed costs are sunk; scaling construction to production volume reduce
Slide 10: GenX: continuous titanium production, validated
GenX : continuous titanium production, validated The next - generation HAMR platform runs continuously, eliminating the heat - up, cool - down and reloading of every batch cycle rsonal use only 6x >75% higher throughput on a like - for - like less power per kilogram of titanium run time powder >45%
Slide 11: Titan DFS: strong economics, strategic products and shovel-ready
Titan DFS: strong economics, strategic products and shovel - ready Leading U.S. rare earth and critical minerals project with strong economics and near - term development pathway POTENTIAL MARKET SITE ECONOMICS OPPORTUNITY rsonal use only After - tax NPV Life of Mine EBITDA and FCF Development Capex
Slide 12: Atlas acquisition: unlocking ultra-high-grade critical minerals
Atlas acquisition: unlocking ultra - high - grade critical minerals to support U.S. supply chains Atlas surface stockpiles return exceptional grades up to 23% THM 1, positioning IperionX to support strategic titanium, zircon, and heavy rare earth feedstocks to the U.S. defense and advanced technolog
Slide 13: High value catalysts are imminent
High value catalysts are imminent ✓ Secure strategic partners for our titanium metal products Corporate Overview (NASDAQ / ASX Ticker Symbol: IPX) ✓ Test powders and/or prototype parts with prospective customers $65.00 rsonal use only $60.00 ✓ Prototype orders secured – U.S. Army GVSC, Carver Pump $
Slide 14: rsonal use only
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